How China Pays off Debt

[Zhang Fan]

Yes, "building" the country not just sounds like a good slogan, in China it literally means creating real assets for the country.

Arcadis Global Built Asset Wealth Index 2015

China now has a built asset wealth of US$47.6 trillion, overtaking the USA which comes in second place with a wealth of US$36.8 trillion. Since 2000 China has invested US$33 trillion in its built assets, a total that exceeds all other economies combined. The growth is evidence of China’s unprecedented level of investment in its infrastructure – 9% of GDP – which outpaces global competitors like the USA, which currently invests just 2%.

View attachment 266296
SOURCE: PENN WORLD TABLES, IMF, WORLD BANK WDI, NATIONAL STATISTICAL AGENCIES, CEBR ANALYSIS
FIGURE 1: STOCK OF BUILT ASSETS, 2014, US$​

Qataris replace Singaporeans as the richest built asset population, with a built asset wealth of US$198,000 per capita compared to US$192,000 in Singapore. With investments in infrastructure, residential and non-residential buildings, Qatar’s built asset wealth will continue to grow at double digital levels for the foreseeable future.

View attachment 266297
SOURCE: PENN WORLD TABLES, IMF, WORLD BANK WDI, NATIONAL STATISTICAL AGENCIES, CEBR ANALYSIS
FIGURE 2: BUILT ASSETS PER CAPITA, US$​

the amount of cement and steel china used in construction from 2008-2014 is more than how many usa used in 20th century.I wonder other than aggregating hundreds of millions of low-paid semi-slave workers to help boost china's economy in a vulgar,environment-hostile,traditional way which chinese ancient autocrats s were extremly good at,what else could ccp have come up with as a better alternative. that's why "new norm" is so urgent,innovation is so urgent!real estate is only for primitive thugs!if falling back to the old mode for a few more decades,the country is fcked!

 

[TaiShang]

China's tax revenue up 7.6 pct in first three quarters
October 21, 2015

China collected 8.38 trillion yuan (1.32 trillion U.S. dollars) in taxes in the first three quarters of this year, up 7.6 percent year on year, new data showed on Wednesday.

Growth was in line with overall economic growth in the first three quarters, the State Administration of Taxation said in a statement.

Tax collected from the tertiary industry grew by 8.1 percent, with its tax revenue accounting for 55.6 percent of the total in the first three quarters, while tax from the secondary industry rose 2.4 percent.

Tax collected from the financial sector posted a strong growth of 264 percent, the main driving force for the overall increase.

In the same period, tax refunds for exported goods surged 12 percent to 960 billion yuan.

 

[Dungeness]

@TaiShang

China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012

What is the actual speed as of now?

Let the Akamai explain;

View attachment 266288

Methane discharge?

Check this 2015 internet speed map, and then decide if it is "Methane discharge". Learn to respect!

 

[Rangila]

Give me the link;

@Dungeness

 

[Dungeness]

Give me the link;

@Dungeness

Internet speeds by country - BrixCreative

 

[Rangila]

Man this is mobile broadband.
Talking about fixed line broadband.

@Dungeness

 

[Dungeness]

Man this is mobile broadband.
Talking about fixed line broadband.

@Dungeness

Isn't this what you are questioning and insulting: " China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012"? Where did it say fixed line?

Man this is mobile broadband.
Talking about fixed line broadband.

@Dungeness

AS for the Landline like Fiber Optical, everyone I know in the cities are using 50M-100M for $100-150 per year. Other Chinese members can verify.

 

[Jlaw]

Some of our Indian friends have already had countless sleepless nights worrying about China's debt, and dug through every articles and videos under the sun to prove his unparalleled unmatched loyalty to China. What are you trying to tell him now?

It's sad really. When one is sick, one should take care and not worry about other people's success

He means Facebook, which is a must for an Indian for innovation.

Sadly, we have our own national champions.

Besides, some 700 million poor Indians are so happy with having Facebook and Twitter and they ask no more.

Yup, Indian Facebook is called FacePalm

 

[Shotgunner51]

Isn't this what you are questioning and insulting: " China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012"? Where did it say fixed line?




AS for the Landline like Fiber Optical, everyone I know in the cities are using 50M-100M for $100-150 per year. Other Chinese members can verify.

Yes that's FTTH and China is massive. I have a thorough and detailed thread here on PDF about various categories of infrastructure. I'm on mobile maybe I tag you later on this.

 

[AndrewJin]

Isn't this what you are questioning and insulting: " China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012"? Where did it say fixed line?




AS for the Landline like Fiber Optical, everyone I know in the cities are using 50M-100M for $100-150 per year. Other Chinese members can verify.

50M, 650yuan per year with free internet tv. I am traveling on 3-5km high plateau now, every hotel or guesthouse provides free high-speed wifi.

 

[Jlaw]

50M, 650yuan per year with free internet tv. I am traveling on 3-5km high plateau now, every hotel or guesthouse provides free high-speed wifi.

that's pretty impressive. I can only get free slow wi-fi at a local Starbucks and McD

 

[AndrewJin]

that's pretty impressive. I can only get free slow wi-fi at a local Starbucks and McD

Starbucks and McDonald here provide super fast wifi, u may be interested in 24h Starbucks and McDonald's in China. Last time when I traveled in Yunnan, I found that even small eateries provided wifi.

 

[Rangila]

Isn't this what you are questioning and insulting: " China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012"? Where did it say fixed line?

It did not say Mobile broadband either.
However, its always a norm to question country's fixed line broadband world wide web fixed line connections that came first.

If it were Mobile broadband, Forbes would not have bothered to report on it in 2012 just because 4G LTE was existent then with higher speed.

And when I gave you the actual speed of it in illustrations (graphics included) - You failed to separate the chaff from the grain, that it is a fixed line. Because of that low MBPS, it could not have been mobile broadband.

South Korea beats the world. Period.

Mobile broadband vs fixed line broadband: Which is best for me?

@Dungeness

 

[applesauce]

Isn't this what you are questioning and insulting: " China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012"? Where did it say fixed line?

It did not say Mobile broadband either.
However, its always a norm to question country's fixed line broadband world wide web fixed line connections that came first.

If it were Mobile broadband, Forbes would not have bothered to report on it in 2012 just because 4G LTE was existent then with higher speed.

And when I gave you the actual speed of it in illustrations (graphics included) - You failed to separate the chaff from the grain, that it is a fixed line. Because of that low MBPS, it could not have been mobile broadband.

South Korea beats the world. Period.

Mobile broadband vs fixed line broadband: Which is best for me?

@Dungeness

the 2015, 20mbps goal is actual for Urban households
China Says Broadband Speeds Of 20 Mbps By 2015
Faster broadband by 2015- China.org.cn
Faster broadband in China by 2015 | FTTH & Triple Play Broadband equipment

goal for 2020 i believe is 50 mbps for urban users

 

[tranquilium]

@TaiShang

China Says Broadband Speeds Of 20 Mbps By 2015 Forbes: AUG 18, 2012

What is the actual speed as of now?

Let the Akamai explain;

View attachment 266288

Methane discharge?

Connection to where? Like I said, if you are talking about connection between China and US, then there is nothing China can do. The bottleneck is the external connections.